Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
Financial regulation and financial development in developing economies: case of South Africa
The study analyses financial regulation, specifically for the banking sector, set globally and implemented locally by different countries, and how it impacts financial development in the context of developing countries, considering the pace of reform since the 2008/9 financial crises and its technic...
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Thesis |
| Language: | English English |
| Published: |
Graduate School of Business (GSB)
2025
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613182711824384 |
|---|---|
| access_status_str | Open Access |
| author | Mahlake, Lance |
| author2 | Mthanti, Thanti |
| author_browse | Mahlake, Lance Mthanti, Thanti |
| author_facet | Mthanti, Thanti Mahlake, Lance |
| author_sort | Mahlake, Lance |
| collection | Thesis |
| description | The study analyses financial regulation, specifically for the banking sector, set globally and implemented locally by different countries, and how it impacts financial development in the context of developing countries, considering the pace of reform since the 2008/9 financial crises and its technical nature. The regulatory framework affects advanced and developing economies the same and thus raises concerns on its efficiency in the later given the general level of financial development. The scope was restricted to focus on key indicators including financial development, systemic risk, equilibrium credit and bank regulation. Time series data from 2017 to 2022 was modelled using the Auto Regressive Distributed Lag technique which presented strong evidence that the leverage ratio is likely to result in a contraction in the long run trend of bank credit to the private sector-to-GDP ratio and possibly distort equilibrium credit for the economy in the long run, resulting in restricted capacity for financial development. The model presented no short-term relationships. A review of the microprudential regulatory framework may be required to achieve an optimum regulatory environment that protects and enables the country to grow and benefit from healthy development of the financial system that can foster greater financial depth and economic growth. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/42391 |
| institution | University of Cape Town (South Africa) |
| language | English eng |
| last_indexed | 2026-06-10T12:32:05.102Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | Graduate School of Business (GSB) |
| publisherStr | Graduate School of Business (GSB) |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/42391 Financial regulation and financial development in developing economies: case of South Africa Mahlake, Lance Mthanti, Thanti South Africa Financial The study analyses financial regulation, specifically for the banking sector, set globally and implemented locally by different countries, and how it impacts financial development in the context of developing countries, considering the pace of reform since the 2008/9 financial crises and its technical nature. The regulatory framework affects advanced and developing economies the same and thus raises concerns on its efficiency in the later given the general level of financial development. The scope was restricted to focus on key indicators including financial development, systemic risk, equilibrium credit and bank regulation. Time series data from 2017 to 2022 was modelled using the Auto Regressive Distributed Lag technique which presented strong evidence that the leverage ratio is likely to result in a contraction in the long run trend of bank credit to the private sector-to-GDP ratio and possibly distort equilibrium credit for the economy in the long run, resulting in restricted capacity for financial development. The model presented no short-term relationships. A review of the microprudential regulatory framework may be required to achieve an optimum regulatory environment that protects and enables the country to grow and benefit from healthy development of the financial system that can foster greater financial depth and economic growth. 2025-12-03T13:10:23Z 2025-12-03T13:10:23Z 2025 2025-12-03T12:44:35Z Thesis / Dissertation Masters Masters http://hdl.handle.net/11427/42391 en eng application/pdf Graduate School of Business (GSB) Faculty of Commerce University of Cape Town |
| spellingShingle | South Africa Financial Mahlake, Lance Financial regulation and financial development in developing economies: case of South Africa |
| thesis_degree_str | Master's |
| title | Financial regulation and financial development in developing economies: case of South Africa |
| title_full | Financial regulation and financial development in developing economies: case of South Africa |
| title_fullStr | Financial regulation and financial development in developing economies: case of South Africa |
| title_full_unstemmed | Financial regulation and financial development in developing economies: case of South Africa |
| title_short | Financial regulation and financial development in developing economies: case of South Africa |
| title_sort | financial regulation and financial development in developing economies case of south africa |
| topic | South Africa Financial |
| url | http://hdl.handle.net/11427/42391 |
| work_keys_str_mv | AT mahlakelance financialregulationandfinancialdevelopmentindevelopingeconomiescaseofsouthafrica |